Option Strategy

Can anybody please guide me whether I can trade with this strategy.

Exercise Price : 780
Call Price: 15.80
Put Price: 21.00
Current Share Price: 770

Is this possible that:

I buy 500 shares of this stock @ 770 = Rs. 385000
And at the same moment Sell Call @ 15.80 at Exercise Price 780 = Rs. 7900.

What would be the amount of brokerage I would need to pay in the whole transaction even when the buyer of call exercises his right?

How much profit I would be able to earn even if the buyer of call exercises his right?

brokerage will differ from broker to broker.

Your profit/loss will be difference between the price of option for opening and closing transaction. Indian markets don't yet allow for delivery/receipt of shares when options are exercised. Its cash settled.

Do u mean strike price???

You get to keep the premium and settle the Diff in this case Rs10 in cash.

Hope it helps.